Class Action News
March 28, 2013
Wall Street Journal | March 28, 2013
The other news at the Supreme Court on Wednesday was another big defeat for the trial bar. The Justices put a stop to the latest attempt to revive huge legal paydays by ruling 5-4 to reaffirm their requirements for certifying a class action.
Tags: Class Action
American Lawyer | Subscription Required | March 28, 2013
A federal judge in Manhattan ruled Wednesday that Robbins Geller Rudman & Dowd can move forward with a proposed securities fraud class action against Deutsche Bank over its risky bets on mortgage-backed securities.
March 27, 2013
Forbes | March 27, 2013
The Supreme Court took up the question of arbitration again yesterday in the case of Oxford Health Plans vs. Sutter, and once again the conservative justices seemed skeptical that the process designed to keep disputes out of court should be open to class actions at all.
March 26, 2013
Legal Times | March 26, 2013
Citing inefficient staffing and high hourly rates, U.S. District Judge Ellen Segal Huvelle slashed attorney fees in half for plaintiffs' lawyers in multi-district litigation against daily deal company LivingSocial.
Legal Newsline | March 26, 2013
For Chief Judge David R. Herndon, nothing is ever set in stone, especially in multidistrict litigation.
March 25, 2013
Bloomberg Businessweek | March 25, 2013
The big-time plaintiffs’ bar justifies its multimillion-dollar fees by claiming to vindicate the “little guy.” Justice ain’t free, according to free-wheeling trial lawyers, and taking on (alleged) corporate villains requires heavy pecuniary incentives.
Wall Street Journal | Subscription Required | March 25, 2013
Stanley Chesley made a fortune demanding that plaintiffs get their day in court, and this week the class-action kingpin got his when the Kentucky Supreme Court voted unanimously to disbar him. The jurists found that Mr. Chesley "knowingly participated in a scheme to skim millions of dollars in excess attorney's fees from unknowing clients."
March 22, 2013
National Law Journal | Subscription Required | March 22, 2013
Securities fraud class actions against life sciences companies increased by 65 percent in 2012 compared to 2011, reversing a previous dip, according to a new Dechert report.
Wall Street Journal | Subscription Required | March 22, 2013
The Kentucky Supreme Court has voted to disbar Ohio trial attorney Stanley Chesley, a legend of the plaintiffs's bar whose reputation as a champion of the underdog was marred by accusations of greed.
March 21, 2013
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From The Blog
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